Three Steps to Horse Racing Handicapping Success and Profit
Posted by: willie in Horse Racing Handicapping, horse racing betting, horse racing systems, horseracingBill Peterson
You will notice that there is one four letter word left out of the title of this article and that word is “easy.” That is because horse racing handicapping success and making a profit from horse racing is not easy. If anyone tells you it is, they are not being honest or they are confused. On the other hand, I believe it is possible.
Let’s take a look at what playing the horse and making money by betting on the races involves to get a better idea of how you can succeed.
1. The first thing that people discover, when they get beyond the recreational bettor stage, is that picking winners for profit is work. Handicapping horse races is sometimes called an, “intellectual sport.” If you follow professional sports then you know that pro athletes have to work hard to stay in shape and compete on the pro level. The same is true of being a professional race handicapper. You will have to take it seriously and work at it.
2. When I say that you will have to work I mean several things, first you have to learn how to do it. The best way I know of is to find people who are successful and copy what they are doing. The only problem with that is that the people who really can do it, aren’t real happy about giving away their secrets. On the other hand, there are systems that come pretty close and will teach you a lot about horse racing handicapping in a short amount of time.
Therefore, step number two is to read as many systems as you can, including the good books available, and to then take what you learn and customize it according to your own unique strengths and weaknesses. In the end, every handicapper has to figure out a uniquely personal way to do it. That isn’t easy and it takes time and experience. There are no shortcuts to success at playing the horses. That is both good and bad news. It makes it so there aren’t a lot of people doing it, but also makes it time consuming.
3. The third step is all about profit. Money is how we measure success in horseracing handicapping. Of course, there is the thrill of picking the winner and seeing it thunder down the stretch, the challenge and sense of accomplishment, and the personal growth that comes from working at something you love that tests you every day. But without the betting and making money to pay for the rest of the things you need, it is meaningless. If you are spending your time working at picking winners and betting them, you certainly don’t have time for another job so your income has to come from horseracing. That is not easy.
Therefore, the third step is money management and the accompanying discipline that goes along with that. You must establish good money management habits first and have the discipline to stick with them.
Those are the three steps to horse racing handicapping success.
The most consistent horse racing systems have to have the basics and a handicapper must understand the basics. I have been around horse racing for 50 years including as an owner. Without the basics the rest is not going to do any good. If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth
Bill Peterson is a former horse race owner and professional handicapper. He comes from a horse race handicapping family and as he puts it, “Horse Racing is in my blood” To see all Bill’s horse racing material go to http://williewins.homestead.com/handicappingstore.html, Bill’s handicapping store
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